196 6Th St Beaumont, CA 92223
- Retail space
- 2,418 SF
- 0.14 lot acres
Current Use by Public Records
- Vintage wedding venue and rentals / Wedding Chapel
- Diy wedding rentals and special occasions / Party Equipment Rental Service
Property Details for 196 6Th St
- Year built
- 1936
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 2,418 SF
- Zone code
- M1
- Property type
- Retail space
- APN
- 418-083-013
- APU
- 418083013
Description
This exceptional 2,844 square foot California Craftsman commercial building presents a unique investment opportunity in Beaumont's vibrant downtown district. Situated on a 0.14-acre lot on one of the city's busiest streets, this property boasts unparalleled visibility and accessibility, conveniently located between the 10 and 60 freeways. The main building offers multiple office spaces, a kitchen, and a bathroom, all featuring original wood flooring. Architectural details include inset built-in cabinets, a china hutch, a fireplace, and two sets of French doors, reflecting the charming Craftsman style. A welcoming porch with wrought iron railing and gate enhances the building's curb appeal. The property includes a six-foot vinyl fence surrounding the side and back, creating a private patio area perfect for outdoor entertaining. Accessibility is ensured with one designated handicapped parking space and six additional parking spaces. A separate studio/office unit, complete with a full bath, kitchen, and walk-in closet, offers versatile potential for additional office space, on-site security, storage, or administrative functions. Furthermore, an oversized detached two-car garage, finished with drywall and carpeting, provides ample storage or workspace. The property has been upgraded with full commercial electrical service. This property is ideal for a variety of professional uses, including medical, legal, insurance, retail, or sales businesses. Don't miss this chance to own a piece of Beaumont's thriving downtown. Priced at $682,500.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $245,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $265,000
- Mixed-Use
- $215,000
- Hospitality
- $265,000
- Educational
- $260,000
- Residential Income
- $275,000
- Energy
- $270,000
- Income-Based Land
- $225,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Beaumont
- County
- Riverside
- State
- California
- Longitude
- -116.98
- Latitude
- 33.9297
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
